Southeast Texas Plumbing Company For Sale - $995K Asking Price
Financial Details
- Asking Price:
- $995,000
- Annual Revenue:
- $1,175,704
- Cash Flow / SDE:
- $305,380
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 3.3x
- Location:
- TX, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This established plumbing company, founded in 1988, is a leading service provider in Southeast Texas, serving Jasper County and surrounding areas within a 60-mile radius. The business offers a comprehensive range of services including residential repair, new construction, remodeling, and light commercial work. Known for high-quality work, excellent customer service, and fair pricing, the company is the go-to choice in its local market and often turns away work due to high demand. The current owner operates semi-absentee, relying on the company's strong reputation and word-of-mouth referrals. The business has demonstrated potential for higher revenue, having achieved nearly $2M in sales and over $700,000 in Seller's Discretionary Earnings (SDE) in 2023 when pursuing larger projects more aggressively. The asking price is $995,000, with $305,380 in Seller's Discretionary Earnings and $1,175,704 in Gross Revenue. FF&E valued at $148,500 is included, while inventory ($10,000) and real estate ($295,000) are not included in the asking price. The owner is retiring and willing to provide transition support. The facility includes 3,200 sq ft of shop and office space on 0.5 acres, with an additional 6.1 acres available. The market is attractive with limited competition, and significant growth opportunities exist by re-engaging with larger projects.
Industry Information
- Industry Description:
- Plumbing Services
- Classification:
- Building & Construction
Operational Snapshot
- Year Established:
- 1988
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Not included
- Real Estate Price:
- $295,000 USD
Assets & Inventory
- FF&E Value:
- $148,500 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $10,000 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Lee Trammell
- Company:
- Drake Business Services
Listing Details
- Listing ID:
- faa1f186-eaba-4383-978c-5514133a073e
- Source Listing ID:
- 2413707
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD